Flex Space Condominium with Roll-Up
New
For Sale
$355,000
12100 SW 132nd Ct Unit 108-A, Miami, FL 33186
IU-C zoning supports industrial, storage, office, showroom, and light manufacturing uses.
Property Size1,059 SF
Price / SF$335.22
Days on Market4
Property Features for 12100 SW 132nd Ct Unit 108-A
General Information
Standard status
Active
Size
1,059 SF
Property subtype
Industrial
Zoning
IU-C
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Office Units
1
Amenities
Square Feet: 1059
Parcel Number: 30-59-14-104-0080, Tax Legal Description: TAMIAMI PINELAND COMM CTR CONDO UNIT 108 BLDG A UNDIV 3.02% INT IN COMMON ELEMENTS OFF REC 23635-2989 COC 24398-0736 03 2006 4
Business Type: Office Space, Warehouse Space, Special Listing Conditions: Sale, Standard Status: Active
Features: Assigned
Year Built: 2005, Building Area Total: 1059, Structure Type: Industrial
County Or Parish: Miami-Dade County, Unit Number: 108-A
Leasable Area Units: Square Feet
Fee: $453
Building Details
Year Built
2005
Listing Agency:
IRG Corporation
(786) 342-4897
Listed By:
Jose Isaza · License #3085829
(786) 342-4897
Source:
Riserealty
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 3 at 2:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRG Corporation
Investment Insights
Based on property information with market context.
This 1,059 SF flex condominium combines office and warehouse areas within Tamiami Pineland Commercial Center. Constructed in 2005, the unit offers approximately 18–20' of clear ceiling height and a grade-level roll-up door for practical loading access. The IU-C, Industrial Conditional, zoning supports a range of permitted applications, including warehouse, distribution, storage, office, showroom, and light manufacturing uses.
The property is located in Kendall at 12100 SW 132nd Ct Unit 108-A, Miami, FL 33186. Regional access includes the Florida Turnpike and SR-874, also known as the Don Shula Expressway, while Miami Executive Airport is nearby. The condominium format accommodates both owner-user occupancy and investment ownership, as stated in the property information.
The property is located in Kendall at 12100 SW 132nd Ct Unit 108-A, Miami, FL 33186. Regional access includes the Florida Turnpike and SR-874, also known as the Don Shula Expressway, while Miami Executive Airport is nearby. The condominium format accommodates both owner-user occupancy and investment ownership, as stated in the property information.
Key Highlights
- 1,059 SF office/warehouse condominium in Tamiami Pineland Commercial Center
- Approximately 18–20' clear ceiling height
- Grade‑level roll‑up door
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.3k | $20.16 |
| − Vacancy | −$1.0k | −$0.97 |
| EGI | $20.3k | $19.19 |
| − OpEx | −$3.0k | −$2.88 |
| NOI | $17.3k | $16.31 |
1,059 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$482.6K
$422.3K – $563.1K
NOI $33,783 @ 7.0% cap · market cap 9.52%
Second Best
Warehouse
$246.8K
$216.0K – $287.9K
NOI $17,276 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$578.3K
$506.0K – $674.7K
NOI $40,481 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,641
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - IU-C zoning supports industrial, storage, office, showroom, and light manufacturing uses.
Where is this flex space located?
The property is located at 12100 SW 132nd Ct Unit 108-A Miami, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,059 SF office/warehouse condominium in Tamiami Pineland Commercial Center; Approximately 18–20' clear ceiling height; Grade‑level roll‑up door
